Bonds

Tether (USDT) cash equivalents have increased to 85%, company reveals

Source Node: https://cryptoslate.com/tether-usdt-cash-equivalents-have-increased-to-85-company-reveals/
Time Stamp: August 10, 2021 8:33 AM - Modified On: August 10, 2021 - Published By:
Source Cluster:
Republished By Plato

Tether Holdings Limited, the company behind the world’s largest stablecoin by market cap, revealed more details about its reserves in an assurance opinion by Moore Cayman, an audit services provider, which concluded that the information in the company’s Consolidated Reserves Report (CRR) is accurate.Tether’s reserves “The group’s consolidated assets exceed its consolidated liabilities,” according to the independent accountant’s report, which reviewed Tether’s latest CRR and determined that the issuer met its reserve obligations for the period that ended on June 30, 2021.“The group’s reserves held for its digital assets issued exceeds

Tempus Unveils ETH 2.0 Fixed Rate Staking

Source Node: https://beincrypto.com/tempus-unveils-eth-2-0-fixed-rate-staking/
Time Stamp: August 5, 2021 7:22 AM - Modified On: August 5, 2021 - Published By:
Source Cluster:
Republished By Plato

Decentralized finance (DeFi) platform Tempus has announced a new staking method for Ethereum 2.0 which enables users to access a fixed-rate yield.Sponsored Sponsored In a blog post on Aug 4, Tempus founder David Garai explained that users can optimize their existing exposure to variable ETH 2.0 staking yields including the ability to get a fixed yield. Tempus is an open-source protocol that allows users to optimize their existing exposure to variable yield to better match their risk profile. It completed a $1.9 million seed round in mid-July.Sponsored Sponsored Fixed yields

Market Analysis Report (26 Jul 2021)

Source Node: https://www.cryptocompare.com/email-updates/daily/2021/jul/26/
Time Stamp: July 26, 2021 4:52 AM - Modified On: July 26, 2021 - Published By:
Source Cluster:
Republished By Plato

A poll conducted by American analytics firm Gallup has found that since 2018, Bitcoin and other cryptocurrencies have gained momentum among U.S. investors. It found that 6% of its 1,037 respondents own BTC, a 4% rise from 2018. Gallup’s Investor Optimism poll defines U.S. investors as “adults with $10,000 or more invested in stocks, bonds or mutual funds.” Of the survey’s respondents, 13% under fifty hold BTC, with the number being 3% among senior investors. In 2018, 80% of investors revealed they had an interest in buying Bitcoin, while this

NFT Digital Art Collection Sells for Almost $800,000

Source Node: https://beincrypto.com/nft-digital-art-collection-sells-for-almost-800000/
Time Stamp: December 14, 2020 5:45 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

We’ve just witnessed the biggest purchase of a blockchain-based digital artwork collection in history, smashing the previously held record by hundreds of thousands of dollars. The artist behind this historic sale is Mike Winkelmann who works under the moniker ‘Beeple.’ The auction for the BEEPLE: EVERYDAYS 2020 collection, which Winkelmann refers to as ‘THE COMPLETE MF COLLECTION,’ is a one-of-one curation of all the digital art creations Beeple made in 2020. When all was said and done, the collection sold for a massive $777,777.77. The auction took place on the

Bitcoin Shoots Past $12,000 While US Dollar Hits 2-Year Low

Source Node: https://www.bitcoinmarketjournal.com/bitcoin-shoots-past-12000-while-us-dollar-hits-2-year-low/
Time Stamp: August 18, 2020 5:53 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

We’ve been on dollar watch for a couple weeks now, as it loses ground against virtually every asset on the planet. In this graph, we can see that the Dollar Index chart has been declining since late-May, and has now sunk below the near-term support (yellow line) on its third attempt. The Dollar Index, however, only really shows the U.S. dollar’s place within the currency markets. In fact, the purchasing power of all fiat currencies has been falling steadily for many years, a process that has been vastly accelerated by

Bitcoin Touches $12,000 While Gold Continues Its Rally

Source Node: https://www.bitcoinmarketjournal.com/bitcoin-12000/
Time Stamp: August 17, 2020 3:58 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Of the many things that happened over the weekend, perhaps the most significant was the announcement from Warren Buffett that he’s now investing in gold and gold-related assets. They say you can’t teach an old dog new tricks, and this is a huge shift in investment principals for the Oracle of Omaha. Long contending that gold is not a worthwhile asset to invest in, Warren is now very abruptly seeing the appeal. Why? … You know why. This is about money printing. The printer is working overtime, and this is

Bitcoin Is Better Than Gold Right Now: Galaxy Digital’s Mike Novogratz

Source Node: https://bitcoinist.com/bitcoin-better-than-gold-right-now-galaxy-digitals-mike-novogratz/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-better-than-gold-right-now-galaxy-digitals-mike-novogratz
Time Stamp: August 15, 2020 3:00 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Eyes are starting to fall on both Bitcoin and gold as money printing continues. Case in point: It was revealed that Warren Buffett through Berkshire Hathaway sold many bank stocks while acquiring Barrick Gold shares. There is a debate in certain circles over what investment is better in the current macroeconomic environment, gold or BTC? According to Mike Novogratz, Bitcoin is likely better than the precious metal. This is a sentiment that has also been said by players like Raoul Pal, a former Goldman Sachs partner. Bitcoin Is Better Than

Bitcoin and Stocks Take a Breather

Source Node: https://www.bitcoinmarketjournal.com/bitcoin-and-stocks-take-a-breather/
Time Stamp: August 12, 2020 1:50 PM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Can’t we all just get along? Over the last few days, tribalism in the crypto community has reached a new peak. Luckily, there are still many in our growing industry with a level head. The calls for an audit of the Ethereum blockchain have been growing, particularly from the bitcoin maximalists, who have long felt that bitcoin needs no counterparts in the crypto realm, nor should there be any competition for the throne. The issue arose after some posted a simple question, asking how many ETH there are in the

A $15K Bitcoin Likely As Price Breaks Above “Multi-Year Bullish Triangle”

Source Node: https://bitcoinist.com/a-15k-bitcoin-likely-as-price-breaks-above-multi-year-bullish-triangle/?utm_source=rss&utm_medium=rss&utm_campaign=a-15k-bitcoin-likely-as-price-breaks-above-multi-year-bullish-triangle
Time Stamp: August 10, 2020 1:11 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin expects to hit a $15,000 valuation in the coming sessions, says full-time futures trader Adam Mancini. The Twitterati stated earlier Monday that BTC/USD closed above a “multi-year bullish triangle” by almost $2,000. The pair’s giant move above the “continuation pattern” increased its likelihood of testing short-term breakout targets, beginning with $15,000. Mr. Mancini said Bitcoin could extend its upside towards $24,000, as well. “[The cryptocurrency] may be the new kid on the block but the same old classic patterns that apply to all financial assets still apply,” he tweeted.

Wall Street Veteran Explains Why He’s “Irresponsibly” Long on Bitcoin

Source Node: https://bitcoinist.com/wall-street-veteran-explains-why-hes-irresponsibly-long-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=wall-street-veteran-explains-why-hes-irresponsibly-long-bitcoin
Time Stamp: August 7, 2020 8:00 AM - Modified On: May 21, 2021 - Published By:
Source Cluster:
Republished By Plato

Bitcoin has gained steam over recent weeks, hitting $12,200 last weekend as buyers rushed in. Analysts say that the cryptocurrency market has room to move higher due to technicals. But from a fundamental standpoint, some argue that BTC is more bullish than ever before. Raoul Pal, the CEO of Real Vision and a Wall Street veteran, recently touched on this. He told his Twitter following on August 6th that he’s “irresponsibly long” on Bitcoin due to the fundamentals. This Ex-Goldman Sachs Exec Is “Irresponsibly” Long on Bitcoin For This Reason